A small company manufactures a certain product. The price-production relationship for this product is P = -0.7*D + 300, where P is the unit sales price of the product, and D is the annual production (number of units produced). Suppose variable costs are $23 per unit produced and fixed costs are $11,317. Find the break-even point (minimum number of units that must be produced for a business to become profitable). Note: there are 2 roots in the breakeven equation, choose the smallest root. Margin of error: +/-2 (answers within range [x-2, x+2], where x is the true answer, are considered correct).
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Business, 21.06.2019 13:30
Lasting peace is possible today because we have learned from the experiences of the last 30 years that peace is a process requiring mutual restraint and practical arrangements. this conference is a part of that process – a challenge, not a conclusion. we face unresolved problems in europe; we face them with very real differences in values and aims. but if we deal with them with careful preparation,…we have the right to expect real progress
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Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
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Business, 22.06.2019 16:50
Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.
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A small company manufactures a certain product. The price-production relationship for this product i...
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